Chile's Free Competition tribunal ruled that legislation allowing the reimbursement of VAT (value added tax) only to foreign cruise companies was discriminatory for the domestic cruise industry.
China and Venezuela signed on Wednesday in Beijing a wide range of agreements to boost trade, energy cooperation and agriculture and in other fields. The agreements were signed by Chinese Vice Premier Li Kegiang and visiting Venezuelan president Hugo Chavez.
Uruguay's winter crops area has increased 49% over a year ago totaling 593.000 hectares (399.000) according to the country's Agriculture Ministry Statistics Office, DIEA-MGAP.
A fleet of Russian warships is heading to Venezuelan waters for joint naval war games in November, the biggest since the end of the Cold War. The fleet left its base at Severomorosk in the Arctic and is headed by a nuclear powered cruiser.
Bolivian President Evo Morales offered Friday to include eastern provinces' autonomy demands in his proposed new constitution, raising hopes for a solution to the country's prolonged violent political crisis.
The Venezuelan government's expulsion of two Human Rights Watch staff underscores the President Hugo Chávez administration's increasing intolerance of dissenting views, Human Rights Watch said on Friday.
Colombian President Alvaro Uribe urged US Congress on Friday to quickly approve a bilateral free-trade agreement that remains stalled in the Democrat controlled House of Representatives since last April.
Latinamerica is well positioned to face risks in the event of a global financial recession, according to the World Bank vicepresident for Latinamerica and the Caribbean, Pamela Cox who this week visited Uruguay.
Stock markets across Latinamerica suffered a beating on Wednesday amid growing anxiety about turmoil in the US financial sector expanding globally and ever-tightening credit conditions.
Bolivian President Evo Morales and the governors who led a violent rebellion against his administration's reforms agreed on Tuesday on a road map to end the confrontation. Once all governors sign the round of negotiations is scheduled to begin Thursday.